Answer:
First question: LCL = 522, UCL = 1000.5
Second question: A sample size no smaller than 418 is needed.
Step-by-step explanation:
First question:
Lower bound:
0.36 of 1450. So
0.36*1450 = 522
Upper bound:
0.69 of 1450. So
0.69*1450 = 1000.5
LCL = 522, UCL = 1000.5
Second question:
In a sample with a number n of people surveyed with a probability of a success of
, and a confidence level of
, we have the following confidence interval of proportions.
![\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}](https://tex.z-dn.net/?f=%5Cpi%20%5Cpm%20z%5Csqrt%7B%5Cfrac%7B%5Cpi%281-%5Cpi%29%7D%7Bn%7D%7D)
In which
z is the zscore that has a pvalue of
.
The margin of error is:
![M = z\sqrt{\frac{\pi(1-\pi)}{n}}](https://tex.z-dn.net/?f=M%20%3D%20z%5Csqrt%7B%5Cfrac%7B%5Cpi%281-%5Cpi%29%7D%7Bn%7D%7D)
The project manager believes that p will turn out to be approximately 0.11.
This means that ![\pi = 0.11](https://tex.z-dn.net/?f=%5Cpi%20%3D%200.11)
95% confidence level
So
, z is the value of Z that has a pvalue of
, so
.
The project manager wants to estimate the proportion to within 0.03
This means that the sample size needed is given by n, and n is found when M = 0.03. So
![M = z\sqrt{\frac{\pi(1-\pi)}{n}}](https://tex.z-dn.net/?f=M%20%3D%20z%5Csqrt%7B%5Cfrac%7B%5Cpi%281-%5Cpi%29%7D%7Bn%7D%7D)
![0.03 = 1.96\sqrt{\frac{0.11*0.89}{n}}](https://tex.z-dn.net/?f=0.03%20%3D%201.96%5Csqrt%7B%5Cfrac%7B0.11%2A0.89%7D%7Bn%7D%7D)
![0.03\sqrt{n} = 1.96\sqrt{0.11*0.89}](https://tex.z-dn.net/?f=0.03%5Csqrt%7Bn%7D%20%3D%201.96%5Csqrt%7B0.11%2A0.89%7D)
![\sqrt{n} = \frac{1.96\sqrt{0.11*0.89}}{0.03}](https://tex.z-dn.net/?f=%5Csqrt%7Bn%7D%20%3D%20%5Cfrac%7B1.96%5Csqrt%7B0.11%2A0.89%7D%7D%7B0.03%7D)
![(\sqrt{n})^2 = (\frac{1.96\sqrt{0.11*0.89}}{0.03})^2](https://tex.z-dn.net/?f=%28%5Csqrt%7Bn%7D%29%5E2%20%3D%20%28%5Cfrac%7B1.96%5Csqrt%7B0.11%2A0.89%7D%7D%7B0.03%7D%29%5E2)
![n = 417.9](https://tex.z-dn.net/?f=n%20%3D%20417.9)
Rounding up
A sample size no smaller than 418 is needed.